Maryland State Income Tax Filing and Payment Postponement – What You Need to Know

In response to the recent IRS announcement to postpone the federal income tax filing and payments for individuals and other entities, Maryland has agreed to follow suit and apply similar postponements to individual and business taxpayers. But not everything is the same. Here’s what we know about Maryland:

• Maryland 2019 income tax return filing and payment deadline for businesses and individuals previously due on April 15, 2020 or before July 15, 2020 have been postponed until July 15, 2020.
• (UPDATED April 15, 2020) – Maryland 2020 estimated income tax payments for businesses and individuals previously due on April 15, 2020 and June 15, 2020 have been postponed until July 15, 2020.
• (UPDATED April 15, 2020) – These postponements include individual, corporate, pass-through entity, estate, and fiduciary taxpayers.
• Maryland has extended the filing and payment of select business taxes due in March, April, or May of 2020 to June 1, 2020.
  • This does not include income taxes.
  • This does include sales and use tax, withholding tax, admissions & amusement tax, alcohol, tobacco, and motor fuel excise taxes, tire recycling fee, and bay restoration fee returns.
• Maryland has ceased all collection efforts effective immediately. This cessation will continue until 30 days after the lifting of the state of emergency by the Governor.
• SDAT is automatically extending the Annual Report Filing and/or Personal Property Return filing date from April 15^th to July 15^th for all entities and individuals.

We know there are still a lot of questions surrounding the guidance, and we will continue to closely monitor the situation. Please be sure to revisit this article for more updates as they become available.